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Culture wins: 97 percent of business leaders believe a carefully cultivated culture is no longer optional. If you're responsible for building this culture, ask yourself: How does it feel when people walk in the door? Can they feel that they're part of something bigger than themselves?

Command and control is obsolete: Leaders must trust the people they hire.

Move people around: Movement is a key part of a growth mindset, particularly among milennials, who can anticipate changing careers up to 7 times over their working lives. "If people don't move within your company, they'll move out of it to go elsewhere."

Don't be stingy with recognition. Maleeny cited figures from the U.S. Department of Labor that showed that a lack of recognition was the top reason people leave. But it's not always about money - it's more about opportunity. Mentor, don't mange.

Support work-life balance: Insist on down-time from the 24/7 world. Make sure people don't feel trapped by their success. Employee burnout is bad for business.

Boost career trajectories: Enlist people in training programs and have them explore different jobs. Send people to conferences. This is the idea economy. Interesting employees make interested employees.

Live what's next: Being the best at one thing is no longer enough. Encourage employees to get in front of what's new. Employees with a broad range of skills will always be in demand. Hire for passion and agility. Talent is a mindset.

Harness the digital. The internet is 15 years old. "Let's embrace the madness and get on with it."

Make it mean something: People want to feel part of something bigger than themselves. Never underestimate the value of values.